City of Salisbury - Northern Suburbs of Adelaide, SA
The City of Salisbury is going through a mini-construction boom as medium-scale projects generate thousands of jobs, driving the economy forward in 2019.
Salisbury Council says projects totalling $400 million have either been recently completed, are under construction or are awaiting planning approval, while a further $217 million worth of medium-sized developments are proposed.
Food and beverage manufacturing, advanced manufacturing, defence, cybersecurity and space are emerging industries, attracting businesses and generating jobs.
As an example, the former Holden manufacturing site in Elizabeth has new tenants and is on its way to becoming a high-tech manufacturing hub which will accommodate 1,600 new jobs.
All this activity has buoyed the property market - auction clearance rates and rents are rising while vacancy rates are low, providing opportunities for entry-level investors.
This report includes the suburbs of Burton, Elizabeth Park, Hillbank, Ingle Farm, Parafield Gdns, Paralowie, Pooraka, Salisbury, Salisbury Downs, Salisbury East and Salisbury North.